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live" starts right now. >> megyn: fox news alert how one country's economy is saved from the brink of collapse in an unprecedented move that experts say comes at a major cost for anyone who uses a bank. think your money is safe? welcome to "america live" everyone, i'm megyn kelly. a tiny little island nation of cyprus has decided today that it will fix its financial crisis by taking people's money. and that's the ultimate solution. they will seize 30-- no, make that 40% being of every bank account in which the person has over 100,000 euros, about 120 or 30,000. and that's your thanks for having money in the cypriot banks and now there are questions about the global cost of the rescue and people find new limits to the trust we put in banks. greg palkot live in cyprus outside the parliament there. greg? >> reporter: yeah, that's right, that's right, megyn. the folks here in cyprus are breathing a sigh of relief, their country is not going bankrupt, but the price paid could be high for the people here and around the world. and with the european union to cough up its share of the money
at the department of labor as he is there, he will have a much broader effect on the economy and the way that people work and are employed. >> megyn: as we speak, we are just getting this breaking news in that senator vittert-- senator vitter is coming out and saying he'll block the perez nomination and saying he's committed to doing that and that he was directly involved in the the controversial new black panther voter intimidation case and his record should be met with great suspicion by those in the senate saying in particular his home state of louisiana needs to have cause for concern about the nomination. already begins, chris, thank you. >> yes, ma'am. >> megyn: and again, as we mentioned, mr. perez has been dogged by some controversy throughout his time at the doj, including the testimony he just mentioned to a civil rights commission about his handling of the new black panthers case. again, the inspector general finding that he did mislead when it came to that issue although concluding it was not intentional. that testimony and the background on the controversy are on foxnews.com right now,
. let's listen. >> due to the influx and further strained the economy that is already under considerable external pressures with an unstable region, the ghoebl economy recovering. but having said that as i already alluded to, we are so grateful to the u.s. assistance in solving this enormous responsibility and together continue to appeal to international community for more help to face this calamity. i had the opportunity, obviously, to talk about the peace process and we're very delighted by the vision and depth of wisdom the president showed over the past several days with israelis and palestinians. and obviously reiterate jordan's commitment to the peace process and the crucial importance of the u.s. leadership in resuming the palestinian-israeli negotiations based on the two-state solution. there is simply no other formula, no other -- two-state solution is the only way to go and if you compare that also with the radicalization of syria, together with the peace process, this is going to be a serious threat to an already volatile region. i believe there is a window of opportunity to m
-strapped island of cyprus is now talking about nationalizing its country's pensions to save the struggling economy there. so he they couldn't seize the bank accounts, it's under consideration, now they're going to seize your pension. and we'll see how private money keeps coming up to attempts to head off disaster and are people too quick to dismiss the notion this could happen in the united states? growing anger for veterans after this memorial that celebrates the deaths of american troops in vietnam. this is put up by the enemy, appears in a popular reality show in a way that is very celebratory. apparently they feel, the news organization apparently on the wrong side of this fight. bob beckel was one of those who is upset by the decision to use this as a prop in a television show and he will join us live to explain why he and many others think this network went way over the line. >> i am so outraged by this, cbs is idiotic, stupid and don't blame it on young producers, it had to go through somebody at the executive branch of cbs and cbs can't do better than that to have people go to a memorial w
interest rates, these retirement funds are predicated on assumptions of healthy growth in the economy and interest rates which accrue money in a safe way into these accounts. and when you do away with the interest income and you do away with the economic growth, you see a deflation of these retirement funds and they're not worth what you projected they would be worth so you run out of money ten years more quickly than you'd thought you were going to. >> megyn: and you're living 20 years longer than you thought you were. they talked to the actuaries, a man who reaches age 65 this year is now expected to live additional 20.5 years and women who turned 65 this year are now expected to live additional 22.7 years, so, you know, pretty good numbers in terms of your life span, leslie, but they weren't really planning on living that long and nor were the employers and more has the government been planning on seeing people live this long. >> no, that's true. by the way, when i did some research on this, the longer we go into the future, the longer people are going to live and that's what the s
Search Results 0 to 4 of about 5